April 4, 2003 

AMR Unions Face Choice on Concessions
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Congress okays airline aid
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AMR drops plans for deeper cuts
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Facing layoffs at American, ex-TWA pilots complain of promises unkept
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United, mechanics settle dispute on unpaid leaves
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Money Problems Made Airlines Safer, F.A.A. Says
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Air Canada Told It Must Put C$200 Mln Into Pension
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Investor wants shot at Air Canada
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Stop the blame game, MPs tell Air Canada
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Ottawa won't change Air Canada ownership curbs
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CIT Group has $80 Million Exposure to Air Canada
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US Airways' monthly loss at $98M
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Bankruptcy not likely to fix airlines
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American's Workers Look To Earn Their Wings
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Government Tells Airlines: Heal Thyself
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Texas Pacific looks at Air Canada
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In Crisis, Airline Partnership Withstands Bankruptcies
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Proposal on airline execs' pay would reward past greed
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Delta execs' pension choice rarely used
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Delta Air's CEO to Cut Compensation by Estimated $9.1M
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Judge approves spending motion for HomeGold
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Philip Morris:

Panel nixes bill to help Philip Morris
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Illinois burns Philip Morris
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Moody's and Fitch May Cut Reynolds Tobacco Credit Rating
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Too Costly an Appeal
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Viskase Emerges From Prepackaged Bankruptcy
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Coram Health Gets Approval For Employee Retention Plan
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Globe Metallurgical expects year in Ch. 11
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Enron:

Another Party Joins Enron's Law Firm Feast
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Foreign lenders want to end Dabhol pact
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Banks move to rush India plant sale
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Evidence emerges in Avista, Enron deal
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Accounting:

Kraft , Mills , Heinz contacted by SEC on Ahold
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Ahold hires Rothschild to address options
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Deloitte denies changing its stance on Ahold
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Accounting Probes Will Go Quick: Chief
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PwC CEO: Deloitte 'Sends Wrong Message' by Not Spinning Off Consultancy Arm
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Bankruptcy Court Orders Liquidation Of Body Solutions
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Providers Direct Health Plan heads to bankruptcy
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Asbestos:

Asbestos Litigation Effects on the Investment Community To Be Examined
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Fleming Common Stk Suspended From Exchange Trading
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HealthSouth:

HealthSouth Cuts 20 Percent of HQ Staff
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Analyst's Bullishness on Stock Of HealthSouth Didn't Waver
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Layoffs, pleas at HealthSouth
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HealthSouth Case Unveils 'Shock-and-Awe' Strategy
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UBS' Own Grubman
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HealthSouth scrubs founder's name
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Hockey:

Senators earn conference's No. 1 seed - Not too many people can claim "We're No. 1" while they're bankrupt
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Chicago firm to pay $18 million settlement in Anicom case
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs 871 Jobs - Last Updated February 3, 2003
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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Big lenders forced to bank on 'untouchables'
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Law Firms:

The Law Firm Name Game
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Clifford Chance partners vote to expel rebel
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US Firm Raids 23 Attorneys to Launch European Satellite
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Firms Find It Difficult to Tell Older Partners They Can't Hack It
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Telecoms:

Cogent Breaches Loan Covenants, May File for Bankruptcy
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Teleglobe Communications Creditor Panel Gets OK For New Adviser
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Transcom wins long auction for Datavon
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Greenspan: Debt, bankruptcies stress education need
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Furr's Restaurant Group, Inc. Files Plan of Reorganization
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Digital Lightwave Borrows to Pay Bills
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James River cites low coal prices and debt in bankruptcy filing
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James River to seek final DIP approval
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Ice Cream Chain Deal Sours As Trustee Wrangles with Rhode Island Buyer
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Ecusta's fate may become clearer
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England:

Corporate Security and the Enterprise Act. What Will Change?
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Bank is ordered to hand over BCCI files
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Massive rise in UK directors' D&O premiums
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Haig calls for global insolvency standards
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Japan:

Japanese builder begs for bail-out
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